IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

"New Progress in Repeated Games: Implicit Collusion with Private Monitaring" (in Japanese)

Listed author(s):
  • Hitoshi Matsushima

    (Faculty of Economics, University of Tokyo)

The present paper provides a survey on the recent progress in the theory of repeated games. Many recent works investigated infinitely repeated games with discounting, and newly assumed that monitoring is private. These works provided their respective folk theorems or efficiency theorems on this assumption. In particular, it was shown in Matsushima (2001a) that in repeated prisoner dilemma games, approximate efficiency can be attained by a perfect equilibrium when private signals are conditionally independent and players are patient enough, irrespective of the accuracy of private monitoring technology. It was also shown in Matsushima (2001b) that in general two player games, approximate efficiency can be attained even though private signals are imperfectly correlated. The efficiency theorem can be applied to the study of cartel behavior with secret price cuts.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

Paper provided by CIRJE, Faculty of Economics, University of Tokyo in its series CIRJE J-Series with number CIRJE-J-65.

in new window

Length: 26 pages
Date of creation: Oct 2001
Handle: RePEc:tky:jseres:2001cj65
Contact details of provider: Postal:
Hongo 7-3-1, Bunkyo-ku, Tokyo 113-0033

Phone: +81-3-5841-5644
Fax: +81-3-5841-8294
Web page:

More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:tky:jseres:2001cj65. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (CIRJE administrative office)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.